Colorado
Colorado businesses and development advocates react to Supreme Court tariff ruling
The Supreme Court’s ruling invalidating many of President Trump’s tariffs is good news, say some local businesses who rely on imported goods and have felt the pinch of those tariffs.
CBS Colorado heard from a business owner who says she’s been operating at a loss for some time due to these tariffs. CBS Colorado also heard from an advocate for business development who says the tariffs helped the local economy by driving more international companies to Colorado.
“That’s all we can do at this point. Surviving mode, you know,” said Denver and Aurora business owner Hannah Cho.
Cho says she’s been weathering the impact of President Trump’s tariffs for months.
“A lot of supplies and ingredients went up,” said Cho. “We cannot make any money, many, many months. So during the summer, we make money and we save some, and then winter, we use the savings.”
Cho owns two nail salons and two restaurants: one offering Korean barbecue and one delivering sushi via model train.
“Most of my products, especially in Japanese restaurant, coming from Japan, and then they add a lot of tariff price. So because of that, price went up somewhere between 50% to 75% and we cannot really pass to our customer, you know, because of the economy,” said Cho.
Cho says it’s not possible to change to only American ingredients and supplies.
“I might change 20%, 30% of ingredients similar I can find here, but some main product I cannot change because it changes too much of flavor,” said Cho.
Her nail salons have been hit hard, too.
“Nail Salon, I increase 5% to 10% of the price, but both of my restaurant I couldn’t,” said Cho. “It’s very difficult, because you pretty much work six to seven days, like 70 hours for a week, but your profit margin is like zero or minus.”
Cho says the Supreme Court ruling largely striking down those tariffs is good news for her business.
“The cost will be more go down, and then we’ll be very happy,” said Cho. “I don’t have to touch my savings anymore, and then I can make some profit every month.”
Cho says as long as these tariffs are not in place, she can reduce prices at her nail salon. She says she never increased prices in her restaurants because people are already choosing to eat out less at a time when costs are high.
“What we have seen is small businesses be extra hesitant on what’s next,” said Ellie Reynolds, CEO of the Douglas County Economic Development Corporation. “The regulatory environment oftentimes, if it provides any bit of uncertainty, becomes a drag on the economy.”
Reynolds says while they may have challenged some businesses, tariffs brought more international companies to the U.S.
“We felt like tariffs were working,” said Reynolds. “We actually saw a 19% increase in companies looking to find new headquarter locations. And so we will navigate the new decision, but ultimately, we felt like it was a great time for economic development.”
Reynolds said the Douglas EDC has seen a big boom in food and beverage advanced manufacturing coming to the county. She anticipates those gains will slow without tariffs. She also notes the Dow Jones Industrial Average has been on an upward trend.
The future for business owners like Cho is still uncertain, with questions surrounding whether importers will be reimbursed and what other actions President Trump may take.
“Whatever incentive structure that looks like, I think we will continue to see the administration push for manufacturing, data centers, chips, dollars to all come back to the United States,” said Reynolds. “We really need clarity on the situation moving forward to see if tariffs will shake out to be a net positive or a loss.”
“The most difficult thing for me is we cannot expect our future,” said Cho.
Colorado
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Colorado
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Colorado
‘It doesn’t look good’: Colorado transportation officials will use $12 million in leftover snowplowing funds to up roadside wildfire mitigation amid drought
Amid a historically hot and dry winter, the Colorado Department of Transportation will repurpose $12 million in unused snowplow funds for summertime wildfire mitigation efforts along the state’s highways.
CDOT Deputy Director of Operations Bob Fifer told the Colorado Transportation Commission at its work session this month that amid a record-low snowpack statewide, the transportation department is shifting its strategy to proactively address wildfire risk.
“It just doesn’t look good for us,” Fifer said at the March 18 meeting. “We are expecting a drought across the state.”
Almost the entire state saw snowfall totals well-below average this past winter, Fifer said. Most years, the state’s snowpack doesn’t peak until April, but this year the snowpack has already peaked and has melted off rapidly, he said.
According to the latest U.S. Drought Monitor report, more than half the state is experiencing severe drought, Level 2 of 4, with the northwest corner of Colorado experiencing extreme drought, or Level 3 of 4, and parts of Summit, Grand, Eagle, Routt, Garfield and Pitkin counties facing exceptional drought, or Level 4 of 4.
By June, Colorado’s Western Slope — including the Interstate 70 mountain corridor — is expected to be at above-average risk of significant wildland fires, according to the National Interagency Fire Center.
To determine where to focus the highway vegetation management, Fifer said the transportation department will leverage a Colorado State Forest Service Wildfire Risk Map to target roadside mitigation to the areas of the state that have the highest probability of burning.
“When you have 9,000 miles, or 24,000 lane miles, of road, where do you start mitigation?” Fifer asked. “What’s the most surgical area? How can we do it to get the most bang for the limited dollars we have? We’re going to use this data to drive that decision-making and we’re going to start with the most vulnerable areas.”
After choosing priority areas, Fifer said the transportation department will remove diseased trees and trees that are 50% dead or more, especially within the first 15 feet of the right-of-way. He said most of the wood will be chipped and slashed, then left on site to decompose, while larger blocks and diseased trees will be removed.
Ladder fuels, like lower branches, that could carry a fire up into the crown of the forest, will also be removed from trees within the right-of-way, Fifer said. He said stumps will be cut to about 4 inches off the ground.
In addition to their importance as evacuation routes, Fifer noted that “the highways are natural fire lines or fire breaks” that can help slow the spread of wildfires and that firefighters can use to strategically hold the fire at bay.
CDOT Deputy Director of Maintenance Jim Fox told the Transportation Commission that crews typically mow the right-of-way along the state’s highways twice a year, once in the spring and once in the fall.
So far this fiscal year, which began last July, Fox said the transportation department has already completed nearly 28,000 swath miles of roadside mowing, or slightly more than it did in the previous one-year period. He said the transportation department has also removed 3,848 trees from the right-of-way so far this fiscal year, compared to 2,453 trees in the previous fiscal year.
CDOT Director of Maintenance and Operations Shawn Smith noted that the $12 million in snow and ice contingency funds that are left over from the winter, due to the low snowfall, are among the dollars that will help fund the increased roadside wildfire mitigation.
Although the transportation department already has some funds to dedicate toward increasing roadside wildfire mitigation, Fifer said, “We’ll probably need more to handle this.”
He did not provide an estimate for what the additional wildfire mitigation might cost.
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